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Summit Midstream Corporation (SMC)

Summit Midstream Corporation (SMC)
[[ item.lastPrice ]] [[ item.priceChange ]] ([[ item.percentChange ]]) [[ item.tradeTime ]] [NYSE]
[[ item.bidPrice ]] x [[ item.bidSize ]] [[ item.askPrice ]] x [[ item.askSize ]]
[[ session ]] by (Cboe BZX)
[[ item.lastPrice ]] [[ item.priceChange ]] ([[ item.percentChange ]]) [[ item.tradeTime ]] [NYSE]
[[ item.bidPrice ]] x [[ item.bidSize ]] [[ item.askPrice ]] x [[ item.askSize ]]
[[ session ]] [[ item.lastPriceExt ]] [[ item.priceChangeExt ]] ([[ item.percentChangeExt ]]) [[ item.tradeTimeExt ]]
Cash Flow for [[ item.sessionDateDisplayLong ]]

Fiscal Year End Date: 12/31

(Values in U.S. thousands)
  03-2021 12-2020 09-2020 06-2020 03-2020
Cash Flows From Operating Activities
Net Income 8,988 189,078 86,112 60,483 3,762
Depreciation Amortization 30,463 125,678 94,375 62,902 31,482
Accounts receivable 7,592 35,352 20,922 20,219 18,470
Accounts payable and accrued liabilities 4,544 -4,063 470 1,411 3,973
Other Working Capital 9,345 35,436 27,459 23,798 25,727
Other Operating Activity -9,502 -182,892 -82,531 -63,442 -13,213
Operating Cash Flow $51,430 $198,589 $146,807 $105,371 $70,201
Cash Flows From Investing Activities
PPE Investments 5,390 -43,128 -35,312 -27,426 -18,583
Other Investing Activity -5,619 -97,441 -89,586 -79,511 -57,816
Investing Cash Flow $-229 $-140,569 $-124,898 $-106,937 $-76,399
Cash Flows From Financing Activities
Debt Issued 17,500 91,203 68,944 125,000 55,000
Debt Repayment -55,000 -110,600 -75,300 -40,300 -34,750
Common Stock Issued N/A -41,778 -41,778 -41,778 N/A
Dividend Paid N/A -6,037 N/A N/A -6,037
Other Financing Activity -4,945 -12,186 39,599 -36,659 32,444
Financing Cash Flow $-42,445 $-79,398 $-8,535 $6,263 $46,657
Beginning Cash Position 15,544 36,922 36,922 36,922 36,922
End Cash Position 24,300 15,544 50,296 41,619 77,381
Net Cash Flow $8,756 $-21,378 $13,374 $4,697 $40,459
Free Cash Flow
Operating Cash Flow 51,430 198,589 146,807 105,371 70,201
Capital Expenditure -2,610 -43,128 -35,312 -27,426 -18,583
Free Cash Flow 48,820 155,461 111,495 77,945 51,618
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